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Strategy co-founder Michael Saylor hinted at an impending Bitcoin (
$77,494.00 ) (BTC) purchase after the company raised additional capital this week through its latest preferred stock offering.
The executive posted the Sunday Bitcoin ( $77,494.00 ) chart on X that signals another BTC acquisition the next day — when traditional financial markets open — with the playful message “needs more orange.”
According to SaylorTracker, the company’s most recent BTC acquisition occurred on March 17, when Strategy purchased 130 BTC, valued at $10.7 million, bringing its total holdings to 499,226 BTC.
$77,494.00 ) Price, MicroStrategy, Bitcoin ( $77,494.00 ) Adoption, Michael Saylor" src="https://s3.cointelegraph.com/uploads/2025-03/0195c3b2-25c7-7404-ab16-f6e64324aa1d" title=""/>Strategy’s total Bitcoin ( $77,494.00 ) purchases. Source: SaylorTracker
Strategy’s March 17 BTC acquisition represents one of its smallest purchases on record and came after a two-week break in buying.
On March 21, the company announced the pricing of its latest tranche of preferred stock. The preferred stock was sold at $85 per share and featured a 10% coupon. According to Strategy, the offering should bring the company approximately $711 million in revenue.
Michael Saylor continues evangelizing for the Bitcoin ( $77,494.00 ) network, inspiring dozens of publicly traded companies to adopt BTC as a treasury asset and petitioning the US government to buy more of the scarce digital commodity.
$77,494.00 ) Price, MicroStrategy, Bitcoin ( $77,494.00 ) Adoption, Michael Saylor" src="https://s3.cointelegraph.com/uploads/2025-03/0195c3b3-0f2a-76a9-85f0-c6f1537a24be" title=""/>Strategy’s BTC acquisitions in 2025. Source: SaylorTracker
Related: Michael Saylor’s Strategy to raise up to $21B to purchase more Bitcoin ( $77,494.00 )
Saylor pushes for the US government to purchase 25% of BTC’s total supply
Saylor wrote that the US government should acquire 25% of Bitcoin ( $77,494.00 ) ’s total supply by 2035 — when 99% of the total BTC supply has been mined.
The executive also petitioned for the US government to adopt a comprehensive framework for all digital assets in a proposal titled, A Digital Assets Strategy to Dominate the 21st Century Global Economy.
$77,494.00 ) Price, MicroStrategy, Bitcoin ( $77,494.00 ) Adoption, Michael Saylor" src="https://s3.cointelegraph.com/uploads/2025-03/0195c3b4-200c-7818-b3a2-906d4ee509f9" title=""/>Saylor giving his 21 Truths of Bitcoin ( $77,494.00 ) speech at the Blockworks Digital Asset Summit. Source: Cointelegraph
Speaking at the recent Blockworks Digital Asset Summit, the Strategy co-founder presented his 21 Truths of Bitcoin ( $77,494.00 ) speech. The executive told the audience:
“Gold still underperforms the S&P Index by a factor of two or more, so there is only one commodity in the history of the human race that was not a garbage investment — the one commodity is Bitcoin (
Despite the recent market downturn, Strategy is still up over 28% on its BTC investment and is sitting on over $9.3 billion in unrealized gains.
$2,127.30 ) : Asia Express
